Word: capping
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This criticism came despite the Corporation's decision to accede to the faculty's request that a "soft cap" on health replace the "hard cap" the task force had recommended...
...soft cap" allows the contribution to growafter 1999--but no faster than one percent belowthe inflation rate for health-care costs. A softcap thus removes the threat of inflation fromfaculty benefits, despite the lack of a guaranteedrate of increase in benefits...
...Likewise we are glad that the Corporation hasdecided to replace the `hard cap' onpost-retirement health benefits after 1999 with a`soft-cap...
...benefits issue has been among the mostpressing in the FAS since the University TaskForce on Benefits' original announcement lastJune, which called for the one percent reductionand the "hard cap" on medical benefits...
...think there has ever been a harder year to forecast the playoffs. As a result of free agency and salary cap implementation, there are six or seven teams that could wear the crown in June without surprising anyone...